Question

the market price of an article is rupees 500 the shopkeeper gives a discount of 5% and he still makes a profit of 25% find the cost price of the article

Answer 1

5% of 500 is 25
500-25=475
so 25% of 475
475÷100*25=118.75
475-118.75=356.25
so the actual cost is 356.25